European Securities and Markets Authority

Clearing & Post-Trade

ESMA Launches Governance Structure to Support Transition to T+1

By Nithya Subramanian | 23/01/2025

The new governance structure establishes committees and specialised groups to address the regulatory and legal implications of the transition.

Cryptocurrency

ESMA Releases Last Batch of Policy Documents for MiCA

By Editors | 19/12/2024

The new package includes standards on preventing market abuse and guidelines on suitability and crypto-asset transfer services.

Structural Regulation

EU Agrees to Streamline BMR Authorisation, Registration Rules

By Editors | 15/12/2024

Administrators of benchmarks defined as non-significant in the EU will be removed from the scope of current rules.

Clearing & Post-Trade

FINMA Recognises KRX as Qualified Clearing Organisation

By Editors | 12/12/2024

The recognition means Swiss FIs can receive clearing services from KRX, which has previously been recognized by the CFTC and ESMA.

Clearing & Post-Trade

Transitioning to T+1 Settlement: Challenges for Europe and Asia 

By Nithya Subramanian | 11/12/2024

DTCC’s Val Wotton discusses how Asia-based firms will be impacted by the transition to T+1 in the UK and Europe.

Clearing & Post-Trade

ESMA Proposes 11 October 2027 for Migration to T+1 Settlement

By Manesh Samtani | 19/11/2024

ESMA says 11 October 2027 is the optimal date for the transition, and that it must be coordinated with other jurisdictions in Europe.

Clearing & Post-Trade

French, German Banks to Extend Dealings With Indian CCPs

By Editors | 31/10/2024

At the same time, French and German regulators have asked their banks to consider alternate arrangements with local lenders.

Clearing & Post-Trade

French and German Banks Calling on RBI to Adjust Trading Rules

By Manesh Samtani | 19/09/2024

The existing rules would not be able to accommodate a third-party trading model proposed as a temporary solution to address ESMA’s derecognition of Indian CCPs.

Clearing & Post-Trade

Indonesia to Establish Money Market CCP by End of Year

By Editors | 19/08/2024

Bank Indonesia and eight banks will invest in and help develop the CCP, which will be housed under IDClear, the CCP for the country’s capital market.